Archive for January 22, 2007

Pfizer to lay off 10,000 people

Pfilzer will cut 10K people. Yes, I know it is not an IT company, but

  • IT industry depends on other industries. For example, consider how many computers, network equipments, and storage Pfilzer need to buy and manage.
  • I like one guy said here “You can’t cost-cut your way to prosperity,”. We saw soooo many cut, lay-off, reduce in workforce, restructure, in IT industries. But will this really heal the problem and lead to prosperity? ;)

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